Winding Up: Global Offshore Wind Installations To Surpass 520 GW by 2040 Updated On Fri, Aug 23rd, 2024 by Saurenergy Global offshore wind projects are set to defy all predictions of doom and gloom, based on energy research firm Rystad’s Predictions. Offshore wind energy, which has been in the news in recent months for all the wrong reasons, be it inflationary pressures, supply chain disruptions, exemplified by postponed permitting processes, delayed auctions and slow supply […] Read more
EU 2030 Net-Zero Targets Out Of Reach As Investments Plunge Updated On Mon, Jun 3rd, 2024 by Saurenergy The European Union (EU) is set to fall far behind its energy transition targets for renewable energy, clean technology capacity, and domestic supply chain investments, according to Rystad Energy research and modeling. The bloc’s capital investments (capex) in clean technologies – including renewables, carbon capture, utilisation and storage (CCUS), hydrogen, batteries, and nuclear – totaled […] Read more
Why Battery Makers In EU Are Shifting Their Base To The US? Updated On Mon, Jun 3rd, 2024 by Saurenergy Several European Union (EU) battery manufacturing companies are now shifting their interests to the United States (US). Better tax credits benefits and pro-renewable policies of the western country seem to have attracted several of them to look towards the US for better returns. A recent report by a global energy think tank Rystad Energy indicated […] Read more
Rystad Energy Forecasts Solar, Wind Markets To Add More Than 900 Tw-Hr In 2024 Updated On Wed, Jan 24th, 2024 by Saurenergy Rystad Energy, a research company recently shared some key aspects that can shape the energy sector in 2024. Renewable energy capacity expanded rapidly, keeping up with global power demand growth for the first time. It forecasted in 2023, “Solar PV needed to grow by 220 gigawatts (GW) in 2023 to track the 1.6 DG scenario […] Read more
China On Course For 1 TW Solar Capacity By 2026, 500 GW In 2023 Updated On Wed, Sep 13th, 2023 by Saurenergy China’s solar sector is set to break records in the coming years. When installed capacity crosses the 500 gigawatts (GW) mark by the end of 2023, it will have taken 13 years to reach that milestone. That total, however, will be doubled to 1 terawatt (TW) in just three additional years. Rystad Energy modeling shows […] Read more
High Energy Prices Could Trip Up European Solar Manufacturing Plans-Rystad Updated On Mon, Oct 10th, 2022 by Saurenergy Energy Research Agency Rystad Energy has warned that record high electricity prices across Europe are damaging the continent’s attempts to build a reliable low-carbon supply chain and reach its decarbonization targets, as solar and battery manufacturers face mounting costs. The warning comes even as renewable power producers in the continent have pushed for keeping the […] Read more
US probe into solar imports threatens almost 2/3 of planned capacity additions in 2022: Rystad Energy Updated On Wed, May 11th, 2022 by Saurenergy As much as 17.5 gigawatts (GWac) of planned US solar capacity installations in 2022 are in doubt after the Department of Commerce (DOC) opened an investigation into panel imports from southeast Asia, Norway-based Rystad Energy research shows. The US was expected to install 27 GWac of solar energy capacity in the utility, residential, and commercial […] Read more
As Global Rooftop Solar Booms, India Goes Missing Updated On Tue, Mar 15th, 2022 by Saurenergy Energy research and business intelligence firm Rystad Energy has released a new report on global rooftop solar installations. The firm predicts that rooftop solar PV installations are set to surge in the next three years, with total capacity reaching 94.7 gigawatts (GW) by 2025. This growth reflects the broader solar market, which has been on […] Read more
Curbs On China Imports Fail To Slow Down Solar Imports For US In 2021 Updated On Mon, Dec 13th, 2021 by Saurenergy A research report from Rystad Energy lays bare the failure of US efforts to reduce dependence on Solar Imports, especially by curbing imports from China. According to the report, the US is on track to import a record 27.8 gigawatts (GW) of solar PV panels in 2021 from a range of countries, up from 26.7 […] Read more
